Thursday, October 26, 2017

Amazon shares pass $1000 after posting strong financials

 Amazon shared third-quarter earnings after the bell on Thursday. The company posted significantly better-than-expected earnings, at 52 cents per share, when analysts were forecasting just three cents. Shares quickly ticked up 7% in initial after-hours trading, to above the $1000 per share milestone. Revenue came in at $43.74 billion, versus the consensus estimate of $42.14 billion. This is… Read More

from Amazon – TechCrunch https://techcrunch.com/2017/10/26/amazons-financials-impress-with-a-better-than-expected-quarter/?ncid=rss

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